Thaw dough and cut into 20 pieces. Mix cinnamon, sugar and nuts in a bowl. Dip pieces of dough in melted butter and then cinnamon mixture. Stack alternately in greased tube or bundt pan. Sprinkle leftover cinnamon mixture on top. Cover and put in warm place until doubled in bulk.
Bake at 350 degrees for 20-25 minutes. Remove from pan immediately after baking and serve warm.